NGAS

The natural gas futures contract continues to be under pressure due to mild weather forecasts for April and weakening export figures. The lowest levels in about a month were tested with the decline that occurred yesterday. The course of European and US stock markets can be followed during the day. As long as the pricing remains below the 1.66 - 1.72 resistance in the upcoming period, a downward view may be at the forefront. In possible declines, 1.60 - 1.56 levels can be targeted. In possible recoveries, the attitude of the 1.66 - 1.72 resistance can be followed. Breaking this resistance and 4-hour closings in the region may bring the 1.76 and 1.78 levels to our agenda. Support: 1.60 - 1.56 Resistance: 1.66 - 1.72